The story of this market
The typical home in ZIP 02874 sells for about $713,700, or $305 per square foot.
Prices are up +8.3% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,774 a month.
ZIP 02874 — North Kingstown
The housing market in 02874 remains stable with high home values and strong demand, driven by a highly educated population and a significant remote-work presence. While inventory is tight, the area's desirability as a quiet, affluent community continues to support price appreciation. Figures for active listings and specific sales counts are based on current market snapshots.
This ZIP is ideal for affluent families and professionals who value a quiet, coastal suburban lifestyle, high-quality schools, and a community with high homeownership rates.
Median prices moved up 8.3% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 1.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 02874, Washington County RI
The area maintains a low crime profile consistent with its suburban, affluent character, with reported incidents significantly lower than the Rhode Island state average.
Schools serving the area are generally well-regarded, benefiting from the strong tax base and high educational attainment levels of the local population.
The area faces moderate coastal and wind-related risks typical of Rhode Island's shoreline, with insurance premiums reflecting these environmental exposures.
Economic momentum is driven by a high concentration of remote workers and proximity to regional employment hubs, though new large-scale commercial development is limited by the area's established residential nature.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Rhode Island) — Local Property Tax Assessment: Property is assessed at full and fair cash value. The tax is calculated by multiplying the assessed value by the local tax rate (mill rate). Municipalities may apply homestead exemptions or tax classifications (residential vs. commercial) as authorized by state law.
Residents primarily rely on personal vehicles for commuting, with an average drive time to regional employment centers in Providence or nearby hubs; public transit options are limited.
The area offers significant outdoor amenities, including the King/Benson Preserve and Camp Nokewa Management Area, providing ample space for hiking and nature activities within a short distance.
The rental market is characterized by low inventory and high demand, with a vacancy rate of approximately 10.6% and a strong preference for owner-occupied housing.
The local economy is supported by a mix of professional services, education, and proximity to the defense and maritime industries in the broader Narragansett Bay region.
Transportation is heavily reliant on private vehicles, with limited public transit infrastructure serving the area.
Development is largely constrained by zoning and environmental protections, with minimal large-scale commercial projects currently in the pipeline.
The Washington County assessment regime follows standard Rhode Island municipal property tax procedures.
Parcels are subject to standard municipal and school district levies; no significant MUD or PID districts are present.
Property insurance premiums are influenced by coastal hazard exposure, with market health remaining stable but sensitive to climate-related risk adjustments.
Data retrieved from Census Bureau ZCTA profiles and ZipCodeDex.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
- Yawgoo Valley Ski Area4.22 mi
- Launch Family Entertainment Warwick4.413.7 mi
- Urban Air Trampoline and Adventure Park4.612.1 mi
- Adventureland Family Fun Park4.26 mi
- Chuck E. Cheese414.2 mi
- Topgolf Rhode Island4.316.5 mi
- Newport Vineyards4.211.3 mi
- Brick Alley Pub & Restaurant4.69.2 mi
- Ocean Mist4.510.1 mi
- Ryan Center4.63 mi
- The Breakers4.710.4 mi
- Fort Adams State Park4.68.3 mi
- Marble House4.710.2 mi
- Bowen's Wharf4.79.2 mi
- Narragansett Town Beach4.65.7 mi
- The Breakers4.710.4 mi
- Marble House4.710.2 mi
- The Elms4.79.7 mi
- International Tennis Hall of Fame4.79.6 mi
- Newport Car Museum4.911.5 mi
- Fort Adams State Park4.68.3 mi
- Cliff Walk – South End4.810.1 mi
- Cliff Walk4.810.1 mi
- Beavertail State Park4.96.3 mi
- Goddard Memorial State Park4.610.3 mi
- Bowen's Wharf4.79.2 mi
- Herreshoff Marine Museum4.715.2 mi
- Harbor Lights Dining Events Golf Marina4.413 mi
- New York Yacht Club Harbour Court4.78.9 mi
- Goat Island Marina4.68.7 mi
- Newport National Golf Club4.112 mi
- Laurel Lane Country Club4.36.2 mi
- North Kingstown Golf Course4.16.6 mi
- Meadow Brook Golf Course4.29.2 mi
- Fenner Hill Golf Club4.412.1 mi
- Bowen's Wharf4.79.2 mi
- Dave's Fresh Marketplace/Wickford4.74.1 mi
- Dave's Fresh Marketplace/East Greenwich4.710.1 mi
- Wicked Tulips - North Kingstown RI4.71.8 mi
- Shaw's4.24.9 mi
- Rhode Island T.F. Green International Airport4.414.8 mi
- Boston Skydive Center528.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A protected natural area offering hiking trails and wildlife viewing.
A large outdoor space used for various recreational activities.
Key-figure check: median price diverges 74.9% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.